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2. 72-hour clause - Wikipedia

   en.wikipedia.org/wiki/72-hour_clause

   A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...

3. Can you back out of a house offer once it’s been accepted?

   www.aol.com/finance/back-house-offer-once...

   Real estate contingency. ... selling their own home first or the home appraising for less than the sale price. If you back out of an offer because an agreed-upon contingency failed to be met, you ...

4. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...

5. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   The seller, often in concurrence with the real estate agent, may choose to accept an offer that is lower than the highest offer for various reasons, such as terms or contingencies in the purchase contract offered or perceived differences in financial qualification of the competing buyers.

6. The rise of all-cash homebuyers, and what it means for ... - AOL

   www.aol.com/finance/rise-cash-homebuyers-means...

   All-cash real estate transactions are on the rise, representing 34.1 percent of U.S. home purchases in September 2023, according to Redfin data. ... so you’re not making an offer contingent upon ...

7. Can you buy a house with cash? Is it smart? - AOL

   www.aol.com/finance/buy-house-cash-smart...

   With an offer contingent on financing, there’s always the chance a loan could fall through, and the deal with it. That makes cash offers more attractive, giving your bid a leg up on others.

8. Cash offer - Wikipedia

   en.wikipedia.org/wiki/Cash_offer

   The term “cash offer” is typically applied to contracts in which both of these contingencies do not appear. Cash offers are common in markets like Denver, Colorado, [1] Seattle, Los Angeles, and are compounded by the limited supply of homes. Cash offers account for over 28% of all home sales as of 2018 according to The Wall Street Journal. [2]

9. Homebuyers Are Increasingly Backing Out of Deals: How ... - AOL

   www.aol.com/homebuyers-increasingly-backing...

   About 63,000 home-purchase agreements fell through across the country in July, according to a new report from Redfin. That equates to 16.1% of homes that went under contract that month -- the ...